11/01/2010 @ 5:47PM

Wilmington Trust Wilts Into The Arms of M&T

Shares of
Wilmington Trust
are lower by 41 percent after M&T agreed to buy the troubled bank for $351 million.
Wilmington Trust
lost $369.9 million in the third quarter due to bad real estate construction loans.

Drew Industries Inc
, announced an 11 percent rise in its third-quarter profit, partly helped by a rise in sales at its RV segment.

However, sales in October fell compared with the same period last year by 2 percent to about $40 million on year.